It’s funny how the mere mention of “contract review” causes tension in a room. In one corner, you have the people who are trying to execute a contract and get down to business. For them, the review and approval process can’t move swiftly enough. In the other corner, you have those who are responsible for going through contracts with a fine-toothed comb. They don’t want to be rushed in their work. It’s too important to get it right—and far too costly if things go wrong.
We’ve all endured crazy weather and awful films, but riding out the stormy times of workplace problems can be just as terrible with over-played dramatics and make-believe villains. Before the raging winds of the aforementioned problems get any closer, leave your theater seat and get moving—change is calling. First thing, fight off the knee-jerk urge to ignore the call and embrace it. Unlike the characters in the bad movie, you have the power to control your own destiny.
Have you created a software Frankenstein? Though the intent of your creation may have been something beautiful, the positive aspects of the design are quickly overshadowed by glaring design issues. This ultimately results in an army of villagers (your customers) chasing you down with fire and pitchforks. Chad Kreimendahl explains how to get yourself out of this monstrous dilemma.
Changes can spin out of control quickly if they’re not carefully planned and managed. Katie Wilcox explains how a simple app and workflow process in Onspring helps inject clarity, transparency and control into the change management process.
Amidst the alphabet soup of technical acronyms, API has been standing out recently. It has almost reached buzzword status. I think a lot of people have a vague idea that an API can be used to integrate data between applications, but what exactly is an API, and how are they used?
IRM vs. GRC: What’s in a name? And what does this all mean? For many it means learning a new language and making old terms taboo. For others it means straddling both sides of the fence. And for others it doesn’t mean very much at all. Jason Rohlf explains.
Software doesn’t have to be old to be a clunker. Even new products can slow you down if they’re not designed with performance and scalability in mind. If you are tired of entering data, then getting up to refill your coffee while you wait for the system to update, then it may be time to ditch your clunker for a better model.
In jury selection, the prosecution and defense ask tough questions not because they want to embarrass people. They simply want to find 12 jurors best suited for the case. And so it goes in GRC consulting. We must ask difficult questions of our clients and ourselves. We must speak the truth in our answers. And we must be willing to accept the truth (even the hard truth) from our colleagues. That’s how we bring value to our engagements and continue to improve ourselves.
Spreadsheets are valuable tools, and we often work with teams that are transitioning from Excel or providing legacy data in spreadsheets. They are important and have their place in your organization. But are they meeting all your needs?
When our customers are establishing ERM and Policy Management programs within Onspring, the question of “who owns these risks/policies/controls?” comes up time and time again. Unfortunately, finding the right people to own process-level or content-level items can be quite challenging.
Each of the primary groups impacted by SOX—Management, Public Accountants and Internal Auditors—has more clearly defined what role they play in the overall process, and this definition has been carefully and thoughtfully refined over time. And while we have reached a much more structured and stable point in the SOX lifecycle, it’s never a bad idea to revisit and refresh our understanding of why this structure works. A big reason why we find ourselves in this more predictable state is that all involved parties have a much better understanding of their specific role in the process.
At Onspring Connect 2018, client presenters from 16 companies shared their creative uses of the Onspring platform to solve business challenges in internal audit, vendor management, risk assessment, internal controls and business operations. But only one of these organizations would go home with the coveted Innovation Award…or so we thought.